Dollar General | Absolute Triple Net (NNN) Lease

510 Church Street, Georgetown, SC

   SOLD!   

$1,911,800

Price

6%

Cap Rate

$114,708

NOI

Overview
Cap Rate
6%
NOI
$114,708
Building Size
9,026 sqft
Lot Area
1.7 acres
Lease Type
Absolute Net
Year Built
2017
Price Per Sqft
$211.81
Roof & Structure
Tenant’s Responsibility
HVAC
Tenant’s Responsibility
Repairs & Maintenance
Tenant’s Responsibility
Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,026 SF Dollar General at 510 Church Street in Georgetown, SC. This Opportunity Includes Approximately 13 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.




In Cooperation With Sands Investment Group Charleston, LLC Lic # 20891 BoR: Chris Sands - Lic # 93103

Highlights
  • Long Term Lease With Approximately 13 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • COVID and Recession Proof Investment
  • Dollar General Has Hired Over 50,000 New Employees to Support Operations Across Its Organization Amid Heightened Demand to Meet Customers Essential Needs
  • Dollar General Makes a Compelling Investment Opportunity in Light of the Country’s Current Economic Challenges, Read More Here
  • Wells Fargo Believes Dollar General is Best-Positioned For COVID-19 Economic Fallout; Read More Here
  • Attractive Rental Increases at Options
  • Recently Built in 2017 and Situated on a Large 1.70 Acre Lot
  • Georgetown is the Third Oldest City in the U.S. State of South Carolina and the County Seat of Georgetown County, in the Lowcountry
  • Georgetown is the Second Largest Seaport in South Carolina, Handling Over 960,000 Tons of Materials a Year
  • Located on Church Street With Over 24,600 VPD
  • Nearby Tenants Include: Taco Bell, Pizza Hut, Burger King, McDonald’s, T-Mobile, Hardee’s, Aaron’s, Walmart, CVS Pharmacy, Belk and More
Documents

Location
Gallery